Honda Siel, which is all set to launch the Jazz on June 10, is likely to price it around Rs 6.5-6.8 lakh, making it the most expensive hatchback on Indian roads. The Honda Jazz is based on the same platform as Honda City and foreign exchange fluctuations have forced Honda to price it much above competing models such as Skoda Fabia and Hyundai i20.
Honda, keen to keep its product’s premium positioning, doesn’t want the Jazz to be a price warrior. Honda’s models available in India, the City, Civic or Accord, command a brand and technology premium. The Jazz, know as the Fit in Japan, was the best selling car in that country last year. Honda has already started production of the Jazz on 28th May at its Greater Noida plant. The Jazz will be fitted with a 1.2 litre petrol engine that will crank out 90PS power compared with the City’s 1.5 litre engine that offers 120 PS power.